Friday, 06 December 2013
All fields must be completed.
Thousands of new homes stand empty
According to creditaction.org.uk personal debt secured against our homes now stands at some £1,219,000,000 000 and our economy would look rather different without it.
Encouraging thousands of households onto the property ladder to facilitate the inflation of this bubble may have served a political purpose to some but now they are sliding down the credit crunch snake those who prudently try to rent should not find themselves being short changed.
Tenants should not be let these unsold properties just “until they found buyers” but permanently so that they can make them into homes. And tenants should not find that they have moved into units that having only been built for sale are sub-standard.
It is not only the building societies that lost their way over the last few years but the housing associations as well. Now that we have all been reminded that what goes up must come down we should resolve in future to build all housing units to national space and quality standards so that they are all fit to become peoples homes rather than just being used as collateral.
Chris Graham Council Tenant Islington
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